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we may still hear from mitch mcconnell. see if we can get a hint of his expectations for the possibility of any deal, and we'll come back with a community as well. stick arns. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and cal
we may still hear from mitch mcconnell. see if we can get a hint of his expectations for the possibility of any deal, and we'll come back with a community as well. stick arns. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means...
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Dec 27, 2012
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i have no idea what mitch mcconnell is talking about. it seems to be nothing more than political posturing, but i want to say nobody is trying to put this on john boehner. it's on boehner. he's the speaker, and so it's not of a political bringsmanship or gamesmanship. it's the fact. >> it seems the strategy here, boehner obviously kind of said and i think he's been called out for this, said it's up to the president and the senate. i give up, we're leaving town. i guess now they're going to come back sunday, as if that's going to create some sense of urgency. what strikes me is the message that continues to come forward is the american people are going to -- believe that the president and democrats are showing real leadership and they will blame the republicans if this deal goes south, and yet when you listen to mcconnell and you listen to speaker boehner, it doesn't sound like they got the message, and as harry reid pointed out, the president won and he won campaigning on these ideas. again, these guys are just being stubborn. >> absolut
i have no idea what mitch mcconnell is talking about. it seems to be nothing more than political posturing, but i want to say nobody is trying to put this on john boehner. it's on boehner. he's the speaker, and so it's not of a political bringsmanship or gamesmanship. it's the fact. >> it seems the strategy here, boehner obviously kind of said and i think he's been called out for this, said it's up to the president and the senate. i give up, we're leaving town. i guess now they're going...
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mcconnell will gra have to agree not to filibuster that and the president is daring mitch mcconnell not to engage in a filibuster and it would seem so embarrassing to the public that mcconnell was filibustering a deal for middle-class tax reform. i think that's a risky gamble. i guess the way he, the president, is thinking of it is either he gets that bill on the floor and mcconnell lets it go for a vote and he gets what me wants or we're going over the cliff which i think he probably feels is not such a terrible scenario for him, vis-a-vis the republicans. >> let me ask you, let's bring up the number of votes that harry reid got to get his job and what mitch mcconnell got to get his job and then the president's. the president got 65.6 million votes. senator mcconnell got less than a million, 954,000 and senator reid, 363,000. a man whos had got 65 million votes has handed off the leadership of this key issue to two men combined who haven't gotten even 1.5 million votes. they represent fewer than 1.5 million people in america and he's seated leadershceded leade. why? >> obama has al
mcconnell will gra have to agree not to filibuster that and the president is daring mitch mcconnell not to engage in a filibuster and it would seem so embarrassing to the public that mcconnell was filibustering a deal for middle-class tax reform. i think that's a risky gamble. i guess the way he, the president, is thinking of it is either he gets that bill on the floor and mcconnell lets it go for a vote and he gets what me wants or we're going over the cliff which i think he probably feels is...
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Dec 31, 2012
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even mitch mcconnell says we are very, very close. so the markets have moved up on that hope we will get a done deal and avert the fiscal cliff. >>> positioning portfolios for the new year, i can majs is tricky right now. there's a lot of mess going on in d.c. we're going to help. we're going to give you the single best play for 2013. >>> and also next, two congressman, one democrat one republican. they're going to talk to us about the fiscal cliff. are they happy or sad? and can they rise above to get a deal done? "closing bell" will be back after this break. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focu
even mitch mcconnell says we are very, very close. so the markets have moved up on that hope we will get a done deal and avert the fiscal cliff. >>> positioning portfolios for the new year, i can majs is tricky right now. there's a lot of mess going on in d.c. we're going to help. we're going to give you the single best play for 2013. >>> and also next, two congressman, one democrat one republican. they're going to talk to us about the fiscal cliff. are they happy or sad? and...
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. >>> mitch mcconnell speaking on the senate floor. let's listen in. >> president said quote for now our most immediate priority is to stop taxes priority is to stop taxes going up for middle class families starting tomorrow, end quote. i agree. he suggested that action on the sequester is something we continue to work on in the coming months. so i agree. let's pass the tax relief portion now. let's take what's been agreed to and get moving. let me say this was not easy to get to. i mean, the vice president and i last spoke about -- yesterday about 12:45 this morning and then again at 6:30 this morning then multiple times during the day this morning. this has been clearly a good faith negotiation. we all want to protect taxpayers. and we can get it done now. right now. so let me be clear. we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place in about ten hours. ten hours from now. we can do this. we must do this. i want my colleagues to
. >>> mitch mcconnell speaking on the senate floor. let's listen in. >> president said quote for now our most immediate priority is to stop taxes priority is to stop taxes going up for middle class families starting tomorrow, end quote. i agree. he suggested that action on the sequester is something we continue to work on in the coming months. so i agree. let's pass the tax relief portion now. let's take what's been agreed to and get moving. let me say this was not easy to get...
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. >> senate republican leader mitch mcconnell adding his voice to a day that has seen a number of people talking, including that man, harry reid, the majority leader of the senate. we've been getting mixed signals. the biggest signal we got was regarding the house which is coming back to -- reconvening sunday night, and that brought the market back in a big way, but now we're hearing from mitch mcconnell and let's bring in eamon javers there on capitol hill, i mean, the rumor had been, a lot of traders talking here, eamon, that maybe there's a dell brewing between the president and the senate. that doesn't sound like anything is going on right now according to rich mcconnell. >> what we got was a facebook post from scott brown who said he was come back to washington and jumping on an airplane to review some new proposal from the president that they expected to get. the whole afternoon has been spent by reporters trying -- trying to figure out what was going on. now harry vaed responding to mcconnell so let's right to it. >> he's upset because, quote, the phone never rang. he complains i'
. >> senate republican leader mitch mcconnell adding his voice to a day that has seen a number of people talking, including that man, harry reid, the majority leader of the senate. we've been getting mixed signals. the biggest signal we got was regarding the house which is coming back to -- reconvening sunday night, and that brought the market back in a big way, but now we're hearing from mitch mcconnell and let's bring in eamon javers there on capitol hill, i mean, the rumor had been, a...
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mcconnell's corner, andi i can only imagine how upset mitch mcconnell is with boehner, with his inability to get republican support. and all for the eye when he is up for reelection in 2014. but yes, house speaker boehner has shown that he is not entirely, but largely ineffectual, but i agree with robert, there is nobody else there waiting for him to fall. the deputies eric canter and mccarthy were both there when plan b was introduced and failed to pass, so the large successors are not there. >> and paul ryan is another guy to watch. he is the guy who has the real support of the house conservatives and a lot of people who don't love boehner, they love paul ryan and ryan at the final minute of plan b and he was whipping for plan b and came out in support of plan b, and if paul ryan the most high profile guy who could be a consensus candidate against boehner is not even interested. >> if the president gets it through, doesn't this mean that going forward he has to negotiate with mitch mcconnell and what is the point of talking to the house republicans at this poi point? >> you to include j
mcconnell's corner, andi i can only imagine how upset mitch mcconnell is with boehner, with his inability to get republican support. and all for the eye when he is up for reelection in 2014. but yes, house speaker boehner has shown that he is not entirely, but largely ineffectual, but i agree with robert, there is nobody else there waiting for him to fall. the deputies eric canter and mccarthy were both there when plan b was introduced and failed to pass, so the large successors are not there....
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that joe biden, the negotiations with mitch mcconnell essentially borne fruit. republicans annoyed with that. the tax threshold, that's agreed upon. republicans agree, too. what about this sequester? supposed to be the trigger, supposed to be the apocalyptic scenario that made cuts in spending necessary. otherwise we go over the cliff and there are cuts to defense and domestic programs. the president wants to delay them two months, three yearmonta year. many republicans say, absolutely not. many were angry he chose to have a campaign-style event in the white house complex. mitch mcconnell took the floor of the senate and pretty much calling the president's bluff saying, yes, we have an agreement on taxes. let's go ahead and vote on that. leave the sequester the way it is. that's not going to fly. we have an impasse here. there have been reports that the house of representatives to take whatever passes the senate if something passes and do it a minute after midnight. that scenario of steve and i and all of us talking about voting to cut taxes or not. i'm told rec
that joe biden, the negotiations with mitch mcconnell essentially borne fruit. republicans annoyed with that. the tax threshold, that's agreed upon. republicans agree, too. what about this sequester? supposed to be the trigger, supposed to be the apocalyptic scenario that made cuts in spending necessary. otherwise we go over the cliff and there are cuts to defense and domestic programs. the president wants to delay them two months, three yearmonta year. many republicans say, absolutely not....
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mitch mcconnell and harry reid have a pretty good personal relationship. they each will privately tell you that they're friends, they actually like each other, and they're both here in washington having some pretty serious discussions about what they can have that passes the senate. can that actually pass the house in time for the deadline is another question. you're going to have lawmakers coming back late sunday night. they have a lot of other things they actually have to tend to. so what ends up happening? is it very possible right now it seems the calculus for a lot of these members is to let the tax cuts expire and then come back and do some sort of patch. >> you think that's our best case scenario? do you agree with that, david, the scenario? we go off the cliff. someone suggested this morning we go off the cliff just a little bit. we don't bungy jump off the cliff. we fall a few feet. then they fix it after a few days and say we have put in tax cuts. is that the most likely scenario you see? >> there's a lot of people on both sides that have talked
mitch mcconnell and harry reid have a pretty good personal relationship. they each will privately tell you that they're friends, they actually like each other, and they're both here in washington having some pretty serious discussions about what they can have that passes the senate. can that actually pass the house in time for the deadline is another question. you're going to have lawmakers coming back late sunday night. they have a lot of other things they actually have to tend to. so what...
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as you may know by now, mitch mcconnell just arrived on capitol hill a few moments ago. we'll be waiting to see whether senator mcconnell's discussions with the vice president, joe biden, have produced a working deal. we've bp getting headlines all morning long, major progress, not at all like the headlines we were getting last night which was quite the opposite. of course, as the headlines become available, we'll be bringing them to you live. for the last day of the year, it is more high drama than we're used to. >> it is. the markets really are holding pretty steady in light, despite this dram a i should say. the dow down by about .10%. the nasdaq has been powering higher in this session, in terms of the major indices. up by about .6%. fairly calm in the markets so far. >> we'll see if john harwood changes any of that. we go to washington with breaking news. john? >> carl, i just spoke to a republican source close to the talks who gave this update. vice president biden and senate republican leader mitch mcconnell last talked at 6:30 this morning. they not only talked a
as you may know by now, mitch mcconnell just arrived on capitol hill a few moments ago. we'll be waiting to see whether senator mcconnell's discussions with the vice president, joe biden, have produced a working deal. we've bp getting headlines all morning long, major progress, not at all like the headlines we were getting last night which was quite the opposite. of course, as the headlines become available, we'll be bringing them to you live. for the last day of the year, it is more high drama...
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mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we go through the fiscal cliff, obviously not encouraging. harry reid says time is running hout. he doesn't know if they could go through the legislative hurdles. if they have the votes around here, they can legislate the sky is green and the grass is blue. that's not an issue. what harry reid is really saying is mitch mcconnell, get on board, don't try to filibuster. of course they're talking about a bill that had raise capital on couples making more than $250,000 a year, and do a few other nuts and bolts that are deemed the bare minimum that the president wants to see done before we hit january 1st. i've got to tell you, though, getting back to the votes, the votes simply aren't there in the house of representatives for that. they're likely not even there in the senate, so we're back at square one, amazing as it is to say at this point, thomas. >> when we talk about what we know about the president, as we expect him to
mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we go through the fiscal cliff, obviously not encouraging. harry reid says time is running hout. he doesn't know if they could go through the legislative hurdles. if they have the votes around here, they can legislate the sky is green and the grass is blue. that's not an issue. what harry reid is really saying is mitch mcconnell, get on board, don't try to...
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when that fell apart, though, mitch mcconnell did step in. these are old-time senate folks who have been together, as you said, for a long time. i think they pride themselves as deal-makers in the end. i think they stepped in, biden was happy to do so. he likes to be involved. going forward, though, it is interesting because we're going to have another fight within a couple months on both the debt ceiling and the sequestration, the sequester cuts are going to come forward. they're going to have to figure out what to do, because it's only a delay. and so, you're going to have this happen again. so you might look to see what cue the white house sends by how involved vice president biden is going forward. >> well, steve, let's talk about that. the one big issue that was not dealt with are the spending cuts, simply put on hold for two months that, by the way, seems to be the timeline for the debt ceiling debate to heat up again. for all the things this bill deals with, how big a failure was it not to address the sequester? >> well, it clearly was
when that fell apart, though, mitch mcconnell did step in. these are old-time senate folks who have been together, as you said, for a long time. i think they pride themselves as deal-makers in the end. i think they stepped in, biden was happy to do so. he likes to be involved. going forward, though, it is interesting because we're going to have another fight within a couple months on both the debt ceiling and the sequestration, the sequester cuts are going to come forward. they're going to have...
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i think we have some sound bites from mitch mcconnell and harry reid on the senate floor. let ee cease if we can one that now. >> we had a good meeting down at the white house. we're engaged in discussions, the majority leader, the white house, and myself in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. >> i'm going to doering i can. i'm confident senator mcconnell will do the same. but everybody -- whatever everybody comes up with is going to be imperfect. some like it. some like it less, and that's where we are. i have the confidence we're going to do the best we can. that's the message in the white house. we we're going to do the best for the country that's waitinger for us to make a decision. >> clarence, you even seen this movie, right? >> well, yeah. at least in the works on the senate side. on the house side, we still don't know about those hard core intransigents, and even if the senate does come up with something, if the house can agree to go alon
i think we have some sound bites from mitch mcconnell and harry reid on the senate floor. let ee cease if we can one that now. >> we had a good meeting down at the white house. we're engaged in discussions, the majority leader, the white house, and myself in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. >> i'm going to doering i can. i'm confident senator mcconnell...
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>> consider the likelihood that mitch mcconnell does not insist on that plateau. such a bill that goes back to the house of representatives, the senate sent the same bill back to the house in august. how is john boehner going to get the votes for that when he couldn't get the votes for plan b to raise taxes on only those making $1 million a year. it seems unlikely that the current course we are in will be the solution. we have gone nowhere here. peter is right. once we go over the cliff, the likelihood of the grand bargain that touches on spending in a tax code, the charitable deductions and mortgage interest deductio deductions, that is less likely and guess what. we have a fight in two months when the debt ceiling and the government runs out of money. >> that's where i feel all the eyes are on capitol hill. saying you can't do this with the fiscal cliff. what a two months that will be. thanks so much for joining us. we appreciate it. joining me here in the studio with our first reads of the day, senior political editor mark murray. welcome. back and forth from t
>> consider the likelihood that mitch mcconnell does not insist on that plateau. such a bill that goes back to the house of representatives, the senate sent the same bill back to the house in august. how is john boehner going to get the votes for that when he couldn't get the votes for plan b to raise taxes on only those making $1 million a year. it seems unlikely that the current course we are in will be the solution. we have gone nowhere here. peter is right. once we go over the cliff,...
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joe biden served in the senate for decades alongside mitch mcconnell. and it was really, i think, that relationship, and sort of his knowing the rhythm of congress. and also, frankly, the deadline that helped kind of push this along. >> brianna keilar in washington, thanks for being with us. we'll talk to you again real soon >> staying in the capital now with jonathan allen. senior congressional correspondent for politico. john, give us some sense of the word from the house this morning. because we're going to spend a lot of time telling all those folks who might have been doing something other than paying attention to what was going on with the fiscal cliff overnight what the details of the plans are. we wasting our breath? is this going to make it through the house? >> the message we're hearing from house republicans now is that one of two things is going to happen. they're either going to attempt to amend this bill and send it back to the senate with something that the house republicans like better. but failing that, and of course they failed to do t
joe biden served in the senate for decades alongside mitch mcconnell. and it was really, i think, that relationship, and sort of his knowing the rhythm of congress. and also, frankly, the deadline that helped kind of push this along. >> brianna keilar in washington, thanks for being with us. we'll talk to you again real soon >> staying in the capital now with jonathan allen. senior congressional correspondent for politico. john, give us some sense of the word from the house this...
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and then we saw mitch mcconnell coming up saying, yes, mr. president, you have been bashing us for weeks, let's vote on those tax rates. mitch mcconnell said let's do that and we'll leave the sequester aside. we'll let it kick into place. we'll tackle that whenever we get back here to washington after the inauguration and the state of the union and all that fun stuff. so that's where we stand right now. that does remain the last sticking point. >> luke, jump in here. what do you have to add that mike has already told us. >> well, mike viqueira is 12, 13 years of experience on capitol hill, so there's not much more to add after that. what i will say is i don't think that we can dismiss a lot of the anger on the republican side at the president's remarks today. i have gotten a ton of e-mails from republican aides saying the president is holding the middle class tax cuts that were agreed to hostage. i think if you take a step back, it's quite extraordinary that mitch mcconnell has agreed to $400,000 as a threshold. you think of all the partisan
and then we saw mitch mcconnell coming up saying, yes, mr. president, you have been bashing us for weeks, let's vote on those tax rates. mitch mcconnell said let's do that and we'll leave the sequester aside. we'll let it kick into place. we'll tackle that whenever we get back here to washington after the inauguration and the state of the union and all that fun stuff. so that's where we stand right now. that does remain the last sticking point. >> luke, jump in here. what do you have to...
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mitch mcconnell and his buddies worked on saturday. wow, wow, that's fantastic. >> it really -- it's touching, isn't it? just a little working weekend. a nice long christmas break. the house disappeared for the holidays after boehner's plan "b" failed. where is the sense of urgency? everyone is home at night and hopefully we're all putting our hopes on mcconnell and joe biden having a productive dinner, but by god, to your point, this has been going on for not just weeks or months, but years. and the fact that they're trying to cobble together some kind of patch to avoid the political pain and the economic pain more importantly to the country that's set to kick in tomorrow night at midnight is, frankly, pathetic, and it's a political problem, but it's an economic problem, and it's entirely self-created. when marshall blackburn was talking earlier and trying to blame the senate, look at the mirror. don't block at the other guy radio right now. you have to own this, and if particularly in the house of representatives because it's the rep
mitch mcconnell and his buddies worked on saturday. wow, wow, that's fantastic. >> it really -- it's touching, isn't it? just a little working weekend. a nice long christmas break. the house disappeared for the holidays after boehner's plan "b" failed. where is the sense of urgency? everyone is home at night and hopefully we're all putting our hopes on mcconnell and joe biden having a productive dinner, but by god, to your point, this has been going on for not just weeks or...
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at 2:00, we saw mitch mcconnell come out and say we still don't have a deal. we've heard criticism about the president's tone today on "meet the press." this is what john boehner had to say, blaming the failure of a deal on the president. >> your response? >> well, that's very interesting, chris, because speaker boehner has refused to even hold a vote in the house of representatives on the president's proposal. we're not asking speaker boehner to endorse the president's proposal. we're not asking republicans to say they want to endoris the proposal. we're simply asking for a vote. we believe that republicans and democrats together could get a majority for the president's proposal to avoid the fiscal cliff and deal with the deficit in a balanced way. in fact, as we know, republicans like tom cole, a very conservative member from oklahoma, and others have said that that approach makes sense. and yet the speaker refuses to allow a vote on that proposal. and so allow democracy to work and so far unfortunately, speaker boehner has been held captive with the tea par
at 2:00, we saw mitch mcconnell come out and say we still don't have a deal. we've heard criticism about the president's tone today on "meet the press." this is what john boehner had to say, blaming the failure of a deal on the president. >> your response? >> well, that's very interesting, chris, because speaker boehner has refused to even hold a vote in the house of representatives on the president's proposal. we're not asking speaker boehner to endorse the president's...
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we know mitch mcconnell is here. we assume harry reid is here and their staffs are going back and forth. i spoke to one aide who said don't expect for any details to leak tonight. they'll be closed-lipped about this because the idea if anything does leak out it gives more of an opportunity for folks on either party to kill a deal if they don't like what they hear. some sort of a agreement will be announced tomorrow when the house is back in session and the senate is back in session and they can go back to say hey, this is the best opportunity. as far as the likelihood of this kraig, things have not been going well and there's optimism here and there and things are fluid like kristen says and it will be the final deal, but what we do know is these folks on capitol hill are very mindful of the damage that can be done to the economy if nothing is brief. we've had five down days in the stock market and we're preparing the country on tuesday for the first tax increase in 20 years, and i think finally at the end, that's st
we know mitch mcconnell is here. we assume harry reid is here and their staffs are going back and forth. i spoke to one aide who said don't expect for any details to leak tonight. they'll be closed-lipped about this because the idea if anything does leak out it gives more of an opportunity for folks on either party to kill a deal if they don't like what they hear. some sort of a agreement will be announced tomorrow when the house is back in session and the senate is back in session and they can...
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he has been since he got that call from mitch mcconnell. obviously, they have made some very good progress. but what's going on right now do you imagine? >> i imagine that they're trying to sell that very good progress to their caucuses. you know, democrats aren't necessarily going to broadly embrace the plan that i understand has come out of their negotiations. for example, it sets the tax threshold at $450,000 as opposed to the kind of $250,000 that i think a lot of democrats, although i heard steve israel earlier offer a different viewpoint, but i think most democrats walking around with that threshold -- >> senator tom harkin learned about it in "the washington post" and he was not happy about that today. >> so that's a good example of the type of call you're talking about. also, the estate tax kind of landed much more on the republican's side of the field than the dem's. >> let me ask you about that because i had chris van hollen on last night, and his view on that was that it was ridiculous, that the idea that people who had huge esta
he has been since he got that call from mitch mcconnell. obviously, they have made some very good progress. but what's going on right now do you imagine? >> i imagine that they're trying to sell that very good progress to their caucuses. you know, democrats aren't necessarily going to broadly embrace the plan that i understand has come out of their negotiations. for example, it sets the tax threshold at $450,000 as opposed to the kind of $250,000 that i think a lot of democrats, although...
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it is really about senator harry reid and mitch mcconnell? >> to develop the political staring contest democrats say republicans need to move and around rego. the president arrived this morning from hawaii and so with the top democrats and republicans but still no update to report. senate majority leader harry reid said it looks like we're going over a cliff and it is up to the house. >> speaker boner shed call people back to washington today and should not have let them go. they are not here. john boner cared more about his speakership than the financial footing. >> they're now working on a fiscal clear solutions they say the majority leader should talk less and legislate more. also mitch mcconnell says the leader is happy to review with the president what he has in mind but that a majority has not put forward a plan. when they do members will review legislation to make decisions on how fast -- best to proceed. >> it takes time for the house and senate to get something done. if there is a solution agreed to buy political leaders it could tak
it is really about senator harry reid and mitch mcconnell? >> to develop the political staring contest democrats say republicans need to move and around rego. the president arrived this morning from hawaii and so with the top democrats and republicans but still no update to report. senate majority leader harry reid said it looks like we're going over a cliff and it is up to the house. >> speaker boner shed call people back to washington today and should not have let them go. they...
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Dec 29, 2012
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. >> senate leaders harry reid and mitch mcconnell were back at the capitol in no time. mcconnell gathered his members to inform them of the work that needs to be done. >> we had a good meeting down at the white house. we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward, as early as sunday, and have a recommendation, that i can make to my conference and the majority leader can make to his conference, so we'll be working hard to try to see if we can get there in the next 24 hours. so i'm hopeful and optimistic. >> i'm going to do everything that i can. i'm confident senator mcconnell will do the same. but everybody, this is -- whatever we come up with is going to be imperfect and some people aren't going to like it. some people will like it less, but that's where we are. and i feel confident that we have an obligation to do the best we can and that was made very clear in the white house. and we're going to do the best we can for the caucuses that we have and the country that's waiting for us to make a de
. >> senate leaders harry reid and mitch mcconnell were back at the capitol in no time. mcconnell gathered his members to inform them of the work that needs to be done. >> we had a good meeting down at the white house. we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward, as early as sunday, and have a recommendation, that i can make to my conference and the majority leader can make to his conference, so we'll be...
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Dec 28, 2012
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the president, speaker boehner, harry reid, nancy pelosi, mitch mcconnell will all be there. this could be the beginning of a real endgame for the fiscal cliff conflict. we will keep you updated on any new developments tonight and throughout the day tomorrow on cnbc. >>> now the american psychiatric association says it is okay to give antidepressants to people who are grieving over a recently lost loved one. again, these people are not diagnosed with clinical depression. these are people who have suffered a real loss. can a pill really help you with that? here now is beverly hills psychiatrist dr. carol lieberman. is this a good idea? >> thank you. the whole mental health system is actually falling apart and it goes beyond bereavement and depression. actually, bereavement has a lot of similarities to major depression or at least in some people's cases. the depression comes from loss. so whether it's the loss of a job or a loss of a relationship or a loss of a loved one there really are similar symptoms like a sense of sadness like loss of interest or pleasure in activities th
the president, speaker boehner, harry reid, nancy pelosi, mitch mcconnell will all be there. this could be the beginning of a real endgame for the fiscal cliff conflict. we will keep you updated on any new developments tonight and throughout the day tomorrow on cnbc. >>> now the american psychiatric association says it is okay to give antidepressants to people who are grieving over a recently lost loved one. again, these people are not diagnosed with clinical depression. these are...
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minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> now, a new reuters poll shows americans blame republicans more than democrats or president obama for the fiscal crisis. and when asked who they held more response, 27% said the gop, 6% pointed to the dems and 30% said all of the above. for more on this, we're joined by christian schultz from barronberg bank. welcome. so we're going over the fiscal cliff. >> well, the consumer confidenc already be over the cliff in terms of confidence already. that might already be the first impact of the crisis of -- not of the crisis, but yes of the fiscal cliff. it seems we have this moment where this animal goes over the cliff, all limbs are still rotating around and we're staring into the abyss and eventually we're going to fold. >> i love that mental image. >> but it was the expectations component of that confidence data yesterday that was responsible for the headline de
minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> now, a new reuters poll shows americans blame republicans more than democrats or president obama for the fiscal crisis. and when asked who they held more response, 27% said the gop, 6% pointed to the dems and 30% said all of the above. for more on this,...
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at least closer to some kind of agreement as vice president biden and mitch mcconnell have been speaking for the last several hours, maybe 12, 24 hours or so. at least those two gentlemen seem to be moving the ball forward or the mark set anticipating that. what can we -- the president comes out and makes a positive comment, okay, that we either have a deal in principle. there are still a lot of variables to take into consideration. >> yes. >> the house is the wild card. >> house is the wild card in the whole thing. >> do you do anything to set yourself up for the other side? >> no. >> that's what people will be thinking as they watch this network. >> my strategy remains, stay with the quality companies. use the dips to buy them. don't try and hit bottoms but don't buy an expectation af nounsments. you know it is not a very, very broad agreement. i think the mark goes up. i don't think there is a big sell-off. but i think is rest. >> bk, are you looking at the same moving goal that i am? a move of a one and a third percent? and that's a spike. and i'm curious to know why this is happenin
at least closer to some kind of agreement as vice president biden and mitch mcconnell have been speaking for the last several hours, maybe 12, 24 hours or so. at least those two gentlemen seem to be moving the ball forward or the mark set anticipating that. what can we -- the president comes out and makes a positive comment, okay, that we either have a deal in principle. there are still a lot of variables to take into consideration. >> yes. >> the house is the wild card. >>...
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we're told republican leader mitch mcconnell is on board. the vice president is briefing democrats right now. you saw him walk past the cameras wishing everyone a happy new year. we'll see if there's a happy new year. much me of the breaking news right after this. you know that little 50-pound thingy at the doctor's office when they weigh you, and they have to move it over? my doctor does not have to do that anymore. [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. feels great. [ male announcer ] simple. effective. take that, 50 pound thingy. let's fight fat with alli. learn more, lose more at letsfightfat.com. learn more, lose more ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this comp
we're told republican leader mitch mcconnell is on board. the vice president is briefing democrats right now. you saw him walk past the cameras wishing everyone a happy new year. we'll see if there's a happy new year. much me of the breaking news right after this. you know that little 50-pound thingy at the doctor's office when they weigh you, and they have to move it over? my doctor does not have to do that anymore. [ male announcer ] for every 2 pounds you lose through diet and exercise alli...
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Jan 1, 2013
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and mitch mcconnell is the one who really wanted a deal because mitch mcconnell made the political calculation that the best leverage that the democrats and the white house had over them in this ongoing budget battle -- and let's remember, that's what we are in the middle of. and we haven't gotten rid of that. this ongoing battle of shaping the federal budget, who pays for deficit reduction, that the tax issue wasn't solved, that that would be a bigger sledgehammer against the republicans. so mcconnell was incentivized to do a deal, and so were all the senate republicans. that's why you saw such an effort in the last two day, particularly on mitch mcconnell to try and hammer out some sort of deal. the president wants a deal. he doesn't want to go over the cliff. now there are a bunch of other democrats that do. but the president didn't want to do it because he wants to be able to take this. he thinks that having a straight-up fight when debt ceiling expires in two months, and priorities about how to handle the deficit reduction and all these other things, that they will have a stronger leg to
and mitch mcconnell is the one who really wanted a deal because mitch mcconnell made the political calculation that the best leverage that the democrats and the white house had over them in this ongoing budget battle -- and let's remember, that's what we are in the middle of. and we haven't gotten rid of that. this ongoing battle of shaping the federal budget, who pays for deficit reduction, that the tax issue wasn't solved, that that would be a bigger sledgehammer against the republicans. so...
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that's why speaker boehner and mitch mcconnell are cracking up with the clock ticking. joining me now is form er pennsylvania governor ed rendell. jerry bernstein, senior fellow at the center and jonathan, opinion writer for "the washington post" and an msnbc kriblt tor. contributor. thank you all for coming on the show. governor rendell, let me start with you. have you ever, ever seen anything like this? i mean, where is the leadership? >> yeah, this is amazing. if i were the president, i'd be tremendously frustrated. you have to have somebody to negotiate with. there's nobody across the table for the president to strike a deal with. and the president has been forthcoming. he's been expansive. he's already moved. he's moved from 250 to 400. he's made significant steps. he's laid out some of the entitlement forms that he's willing to accept. he's moved about as far as he can move because there's nobody coming back to limb saying we'll do this and we'll do that. it's really irresponsible. >> it's very irresponsible. jonathan, you look at the fact that they're not being h
that's why speaker boehner and mitch mcconnell are cracking up with the clock ticking. joining me now is form er pennsylvania governor ed rendell. jerry bernstein, senior fellow at the center and jonathan, opinion writer for "the washington post" and an msnbc kriblt tor. contributor. thank you all for coming on the show. governor rendell, let me start with you. have you ever, ever seen anything like this? i mean, where is the leadership? >> yeah, this is amazing. if i were the...
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i should point out i mentioned that don stewart, senate minority leader mitch mcconnell's spokesperson was talking to reporter there we saw a moment ago in the gaggle of reporters, he said we're waiting to see if the vice president can sell this to his party. stewart says biden and mcconnell will meet while they are up on capitol hill as you look live at ohio clock the area where senators and spokes people go. the senate republicans have not signed off on the deal. it is protocol. when asked how long until a vote, don stewart said "awhile everything always takes longer in the senate." and it does, ed. but we could be seeing a vote, you know, sometime past 11:00. it really doesn't matter as far as the clock goes before midnight east coast time because despite the fact that is the fiscal cliff deadline as we noted the house adjourned until tomorrow and essentially the u.s. is technically going over the cliff even though lawmakers can adjust and beat things back if they decide to pass whatever comes out of congress before wednesday. >> right. and the irs can sign -- give instructions to c
i should point out i mentioned that don stewart, senate minority leader mitch mcconnell's spokesperson was talking to reporter there we saw a moment ago in the gaggle of reporters, he said we're waiting to see if the vice president can sell this to his party. stewart says biden and mcconnell will meet while they are up on capitol hill as you look live at ohio clock the area where senators and spokes people go. the senate republicans have not signed off on the deal. it is protocol. when asked...
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the bottom line is, you've got one person objecting, mitch mcconnell. i like mitch mcconnell. he's not a terrible guy. but he keeps objecting and that's going to be the problem. he's going to be the decider on this. if he can get his caucus to coalesce and get 60 votes or no objections, something's going to come out of the senate. it's too late to get it done by january 1st. we're going off the cliff, boys. >> all right. how far -- >> i want to try out my idea. >> okay. >> because i still think we're talking about end of january, early february. that's where this goes. when do you think this happens? is it a massive grand bargain? ultimately has to happen, that deals with the debt ceiling, as well? are we talking about a baby deal middle of january? what does it look like? >> i think middle of january, they'll have it all wrapped up by the time -- listen, they get all sworn in on january 3rd, believe me they don't want to stick around. but they're going to have to. so the longer they sit around here the more upset they're going to be. and at that point everything is expired. s
the bottom line is, you've got one person objecting, mitch mcconnell. i like mitch mcconnell. he's not a terrible guy. but he keeps objecting and that's going to be the problem. he's going to be the decider on this. if he can get his caucus to coalesce and get 60 votes or no objections, something's going to come out of the senate. it's too late to get it done by january 1st. we're going off the cliff, boys. >> all right. how far -- >> i want to try out my idea. >> okay....
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arthel: mitch mcconnell making remarks on the senate floor. let's listen in. >> we are very, very close. as the president just said, the most important piece, the piece that has to be done now is preventing the tax hikes. the president said quote for now our most immediate priority is to stop taxes going up for middle class families starting tomorrow, i agree. he suggested that action on the sequester is something we continue to work on in the coming months. so i agree. let's pass the tax relief portion now, let's take what's been agreed to, and get moving. let me say this was not easy to get to. the vice president and i last spoke yesterday at 12:45 this morning and 6:00 this morning and multiple times during the day. this has been a good-faith negotiation. we all want to protect taxpayers and we can get it done now. right now. so let me be clear. we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place in 10 hours. 10 hours from now. we can do t
arthel: mitch mcconnell making remarks on the senate floor. let's listen in. >> we are very, very close. as the president just said, the most important piece, the piece that has to be done now is preventing the tax hikes. the president said quote for now our most immediate priority is to stop taxes going up for middle class families starting tomorrow, i agree. he suggested that action on the sequester is something we continue to work on in the coming months. so i agree. let's pass the tax...
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we have a lot of speculation, negotiations between the vice president and mitch mcconnell. i want to see the package before i jump to a conclusion or make a judgment. i think it is only fair and it is fair to my constituents. conceptually both sides need to be willing to compromise. we've shown an ability on the democratic side to do so. the president has shown that ability. he was originally at $250,000 then offered $400,000. the house republicans said no to a million dollars, an increase in taxes for people earning over a million dollars. we need to come back to the middle and get this done. my constituents, people throughout america, want to get this done. there is a very strong appetite to doing that. >> i want to change topics and get your reaction to the hospitalization of secretary hillary clinton. she of course represented new york as senator before becoming secretary of state. are you hearing anything new about her health? >> i've not heard anything new about her health. we do know this. she is as tough as nails. she is strong. she is resilient. i know we wish her
we have a lot of speculation, negotiations between the vice president and mitch mcconnell. i want to see the package before i jump to a conclusion or make a judgment. i think it is only fair and it is fair to my constituents. conceptually both sides need to be willing to compromise. we've shown an ability on the democratic side to do so. the president has shown that ability. he was originally at $250,000 then offered $400,000. the house republicans said no to a million dollars, an increase in...
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finally, mitch mcconnell has stayed on offense. on the senate floor on friday he argued the democrats poisoned the well by declaring boehner's plan b dead on arrival. >> and he is up for reelection in 2014. by all polling, it looks like it will be a lot tougher. he also has a colleague in rand paul, who is a tea partier. you put all those factors together and it could be that mcconnell may have to step up because that is what you have to do to get some sort of deal at the moment, we have not seen that happen. host: from mark williams, what will be specifically affected in the economy if we go over the cliff? guest: instead of giving you my own numbers, let me use the congressional budget office estimates. if we go over the cliff, and if the clip stays in place for the whole year -- clef stays in place for the whole year, gdp will go into negative territory. that will push this into a short-term recession. economic growth below zero. unemployment will rise from current levels to about 9%. we will put in place the worst fiscal policy
finally, mitch mcconnell has stayed on offense. on the senate floor on friday he argued the democrats poisoned the well by declaring boehner's plan b dead on arrival. >> and he is up for reelection in 2014. by all polling, it looks like it will be a lot tougher. he also has a colleague in rand paul, who is a tea partier. you put all those factors together and it could be that mcconnell may have to step up because that is what you have to do to get some sort of deal at the moment, we have...
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we spent this time, joe biden and mitch mcconnell spent all this time trying to get an agreement. what are we supposed to do with this? this leaves the question out there, could we go over the fiscal cliff entirely? we are teetering on the edge from where we stand now, it's a good possibility. i will say though, if john boehner wanted to take this bill and put it to the floor without amendments, essentially having a p profile in courage moment t would probably pass. from the republican i spoke to in the room, they said if there's an appetite for folks who have been around here for a while to get this over with, they can live to fight another day on the debt limit and on the government funding bill. but this would be a pr disaster for republicans. there is nowhere else for this bill to go. if the house gop tries to administration this with this short amount of time left, they feel, this member spoke to me and folks close to the speaker, they feel the claim woublame wo them. the sandy supplemental bill for the relief and the folks effected by the hurricane, that's tied up in this, t
we spent this time, joe biden and mitch mcconnell spent all this time trying to get an agreement. what are we supposed to do with this? this leaves the question out there, could we go over the fiscal cliff entirely? we are teetering on the edge from where we stand now, it's a good possibility. i will say though, if john boehner wanted to take this bill and put it to the floor without amendments, essentially having a p profile in courage moment t would probably pass. from the republican i spoke...
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looks like mitch mcconnel has republicans on board. it needs to pass with large margin. the big question mark is the house. john ba john baoehner has had this marker. he said no to his own plan b bill that had the tax rates going up for those over a million dollars. there's no question will be republican defections in the house. can he keep together a ma jorjo of his caucus. the house republicans have been so unpredictable that i couldn't wager a guess on that. i would think they want to take this deal and live to fight another day but you just don't flow until you see the votes come through. >> i'm sure you just overhead my conversation. john boehner is in really tough spot. talk about your thoughts on what he's got to be doing as far as the dance to please members of his party and try to work out a compromise. >> he's probably the person having the worst new year's eve of anybody in washington. he's got to contend with the fact he's going to need some democrats on board. he's got a caucus that doesn't like to go along with him. they don't really trust him think think h
looks like mitch mcconnel has republicans on board. it needs to pass with large margin. the big question mark is the house. john ba john baoehner has had this marker. he said no to his own plan b bill that had the tax rates going up for those over a million dollars. there's no question will be republican defections in the house. can he keep together a ma jorjo of his caucus. the house republicans have been so unpredictable that i couldn't wager a guess on that. i would think they want to take...
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adam: i am watching the live scene, surprising me is that eitheneither mitch mcconnell nor harry reid have gone to the podium to address reporters. i believe the vice president talking to reporters but they wouldn't have had some sort of public statement. is that a sign of trouble or something we should not read into? rich: they're starting for a formal statement just to make sure that what they have got here is something they can believe will pass the senate and can pass the house and congress and get its way to the white house. it is caution right now while there are leadership giving the okay on this deal, still have to make sure you have the votes. that is often what so many people forget about these negotiations. we hear from the president and the speaker, the two leaders ultimately became the vice president and a ignore the leader of the senate, you'v youe got to get the vote. he never specifically know how your caucus is going to react to what you are offering. adam: is there an option to stall this to tie it up? rich: usually at 11:30 p.m. on new year's eve, your colleagues wi
adam: i am watching the live scene, surprising me is that eitheneither mitch mcconnell nor harry reid have gone to the podium to address reporters. i believe the vice president talking to reporters but they wouldn't have had some sort of public statement. is that a sign of trouble or something we should not read into? rich: they're starting for a formal statement just to make sure that what they have got here is something they can believe will pass the senate and can pass the house and congress...
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it is a big deal that mitch mcconnell is expected to be voting for in. will his rank and file go along. more importantly in the days ahead will the rank and file on the house republican caucus go along. finally tonight will we see the president -- we are not expecting to see him tonight since this is not done-done yet. more likely we will see him tomorrow, bret. >> bret: 20 seconds here, ed, before we take another break. but is it a loss for this white house that the debt ceiling part of this is not included? >> there is no doubt they wanted it included in here. they were fighting for are it. so it is is a loss in it that is sense but they will argue they won most of the other battles and they are willing to fight that one out in the days ahead although they believe that the republicans will pay a price if they turn it once again into a political football, bret. >> bret: and looks like it may just be heading right down that alley. ed henry live at the white house. we will be checking in again. vice president biden still meeting on capitol hill with senat
it is a big deal that mitch mcconnell is expected to be voting for in. will his rank and file go along. more importantly in the days ahead will the rank and file on the house republican caucus go along. finally tonight will we see the president -- we are not expecting to see him tonight since this is not done-done yet. more likely we will see him tomorrow, bret. >> bret: 20 seconds here, ed, before we take another break. but is it a loss for this white house that the debt ceiling part of...
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in of that case mitch mcconnell would have to agree not owe filibuster and speaker boehner would have to allow the bill to come to the floor. it's 9 process disagreements. >> i may not be the only person who is getting confused on the optimist/pessimist signals. let's listen to what we heard from a couple senators. first senator schumer on the demeanor tide and senator cocker on the republican side. there are different prognostications. let's take a listen. >> i'm getting a little more optimistic today. sometimes it's darkest before the dawn, and there are two good signs for optimism today. one is that leader mcconnell is actively engaged. for the first time leader mcconnell is speaking to the president. if the senate is going to be the place where action starts, you need both of them there. and the second reason for optimism is boehner is back at the table because you can't pass something just through the senate. >> this afternoon's meeting feels much to me like optics to make it look like we're doing something but let me just say one more time, this is a total dereliction of duty at
in of that case mitch mcconnell would have to agree not owe filibuster and speaker boehner would have to allow the bill to come to the floor. it's 9 process disagreements. >> i may not be the only person who is getting confused on the optimist/pessimist signals. let's listen to what we heard from a couple senators. first senator schumer on the demeanor tide and senator cocker on the republican side. there are different prognostications. let's take a listen. >> i'm getting a little...
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>> reporter: i have another republican senator who came out of that meeting with mitch mcconnell, senator bob corker of tennessee. thank you very much k you just give us a sense of the feeling that you got in that behind close doors meeting that just ended from your leader? >> sure. well, he did receive a call -- he had a call with vice president biden and so there are conversations. >> he received a call while the meeting was happening, didn't he? >> that is correct. i think he felt like, you know, the call was productive. i think progress is being made. and chained cpi, i want to make everyone, it is not part of the equation as far that is year's discussion goes. it is not dish know senator reid said some things on the floor but a but all of us understand that things like entitlement reform are going to be debt with unfortunately during the debt controlling debait. i think what shocked everybody in our caucus, truly, is that the president has campaigned this entire year on raising taxes on the wealthy, which we all understand is going to happen. i mean it is going to happen today, tomor
>> reporter: i have another republican senator who came out of that meeting with mitch mcconnell, senator bob corker of tennessee. thank you very much k you just give us a sense of the feeling that you got in that behind close doors meeting that just ended from your leader? >> sure. well, he did receive a call -- he had a call with vice president biden and so there are conversations. >> he received a call while the meeting was happening, didn't he? >> that is correct. i...
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it is interesting to hear mitch mcconnell talking about his good faith efforts. he knows that he just threw a monkey wrench into the negotiations y. think he is also doing it to protect speaker boehner and the republicans and the house because he doesn't want to send them a deal that he knows they are going to vote down. >> let's talk about the blame game going on. i want to play a piece of tape. republican this morning really blaming president obama. let's listen. >> what we're seeing here is a monumental failure of presidential leadership. the president is the only person with a pen who can sign this and it is the president's responsibility to work on something that the house will pass and the senate will pass. he is outsourcing this. he continues to campaign and lecture when he ought to be focusing on the number one problem that hurts us in the country which is our debt. >> what is your reaction to hearing that? >> that is a lot of nonsense and i think the american people who have been following this conversation recognize that the president has proposed a bal
it is interesting to hear mitch mcconnell talking about his good faith efforts. he knows that he just threw a monkey wrench into the negotiations y. think he is also doing it to protect speaker boehner and the republicans and the house because he doesn't want to send them a deal that he knows they are going to vote down. >> let's talk about the blame game going on. i want to play a piece of tape. republican this morning really blaming president obama. let's listen. >> what we're...
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Jan 1, 2013
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>> well, joe biden and mitch mcconnell are older school politicians. they remember a time when compromise was how you close deals like this. and there are a lot of, i guess, mostly younger members up there who don't remember that time. they view their job is to go to washington and create conflict and have grid lock. that doesn't mean that their caucuses will certainly be with them. that is no surprise to me that vice president joe biden is talking with them. it is not a slam dunk, i suspect it will, especially if it passes the senate with a significantly bipartisan vote. you have some real deal makers. >> what do you think that this really means in your opinion, to the average american taxpayer? whether, you know, with the threat we may go over the cliff, and now we may really not. what difference did this really, really mean and if you could put it in plain words for us who are not economists, just explain what it means for all of us? >> well, first of all it means that if you're someone who is a beneficiary of long-term unemployment benefits, you're
>> well, joe biden and mitch mcconnell are older school politicians. they remember a time when compromise was how you close deals like this. and there are a lot of, i guess, mostly younger members up there who don't remember that time. they view their job is to go to washington and create conflict and have grid lock. that doesn't mean that their caucuses will certainly be with them. that is no surprise to me that vice president joe biden is talking with them. it is not a slam dunk, i...
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Jan 1, 2013
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i know mitch mcconnell very well, known him for a long time. i didn't think there was any way he would put his neck out for this deal unless he was absolutely confident that the republicans in the house would have ratified it. i think the fact that they're not indicates to me that this house republican conference is so ideologically driven that they would basically scorch the earth in defense of their own ideology, and the american people are the ones that are going to suffer, seniors, throughout the spectrum of the economy. businesses large and small if we let this thing go over the cliff and don't repair it very quickly. i think everybody on our side of the aisle is baffled that this deal which again passed 89-8 in the senate last night could not -- they couldn't even bring 40 or 50 republican votes to the floor of the house tonight because we would have passed it with those votes. >> there were some republicans that luke russert had heard from, one member. he said they were absolutely incredulous that some of the things that were being said
i know mitch mcconnell very well, known him for a long time. i didn't think there was any way he would put his neck out for this deal unless he was absolutely confident that the republicans in the house would have ratified it. i think the fact that they're not indicates to me that this house republican conference is so ideologically driven that they would basically scorch the earth in defense of their own ideology, and the american people are the ones that are going to suffer, seniors,...
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Dec 31, 2012
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which will -- it will be interesting to see if that's how the republican leader, mitch mcconnell, who is the key here, does he sign off on a deal. if he signs off on a deal, something will happen. does he read that and say, boy, we need to take this tax issue off the table. he is a big believer of this. give the president his tax hike on the rich now. fight him on everything else when taxes aren't part of the conversation. fight him on everything else in six weeks when the debt ceiling is hit or eight weeks, 12 weeks, whenever that fight happens, and do that. i do think that mcconnell -- that's where he wants to be. can he get there in the next 24 hours? that's what we don't know. >> tom brokaw? >> well, it seems to me that the middle class is going to have a date for the prom. everybody is talking about protecting the middle class here. so i think this deal will probably get done around the middle class tax cut. it's at what level. $400,000 or $250,000 or some other number. which is going to be critically important. a lot of people don't realize in a large urban and suburban areas of
which will -- it will be interesting to see if that's how the republican leader, mitch mcconnell, who is the key here, does he sign off on a deal. if he signs off on a deal, something will happen. does he read that and say, boy, we need to take this tax issue off the table. he is a big believer of this. give the president his tax hike on the rich now. fight him on everything else when taxes aren't part of the conversation. fight him on everything else in six weeks when the debt ceiling is hit...
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Dec 29, 2012
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some democrats think that mitch mcconnell is ready to force john boehner's hand. we know the republicans are going to lose the fight of taxes because tax rates are going to go up for every -- the only question is how many people they go up for. so if you already know what the outcome is going to be, the question is how much punishment do they want to take? it is possible that they would wait after january 1. they could say we're going to cut taxes now instead of vote to allow them to go up. gwen: let's move on. because there's one more thing we want to go to. from iran to syria to libya to egypt to israeli, palestinian standoff over gaza, the obama administration's wishes have seldom been.raedpt >> we and the world haveed join in condemning the brutality of the assad regime. >> no one wants to determine what happened that night in benghazi more than the president and i do. >> and this administration has either been guilty of colossal incompetence or engaged in a coverup. >> a red line should be drawn right here. before iran completes the second stage of nuclear en
some democrats think that mitch mcconnell is ready to force john boehner's hand. we know the republicans are going to lose the fight of taxes because tax rates are going to go up for every -- the only question is how many people they go up for. so if you already know what the outcome is going to be, the question is how much punishment do they want to take? it is possible that they would wait after january 1. they could say we're going to cut taxes now instead of vote to allow them to go up....
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Dec 31, 2012
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john boehner -- >> but mitch mcconnell did reach ute to the president. do you see that as posturing, we're doing our best, or do you think the republicans are serious and feeling pressure about making a deal? >> i don't think they feel that much pressure. i think they feel -- they feel a little bit of pressure but feel more pressure from their base and from the right, and that is especially true in the house among the house caucus. the whole reason for that plan b fiasco, of course, that boehner pulled before christmas, was that his more conservative members wouldn't agree to any tax increase at all, even on incomes above $1 million a year. the pressure they feel is from the right, and believe me, you look down the list of the republicans in the house of representatives and try to look and see what percentage of the vote barack obama got in their districts. which is a good barometer of how much kind of pressure they might feel to moderate. barack obama got 38%, 42% in most of their districts. they don't care about what democrats in their districts think.
john boehner -- >> but mitch mcconnell did reach ute to the president. do you see that as posturing, we're doing our best, or do you think the republicans are serious and feeling pressure about making a deal? >> i don't think they feel that much pressure. i think they feel -- they feel a little bit of pressure but feel more pressure from their base and from the right, and that is especially true in the house among the house caucus. the whole reason for that plan b fiasco, of course,...
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Dec 29, 2012
12/12
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mitch mcconnell is a tough place and this is the underreported part of the story. he has to figure out a deal that gets through the senate and doesn't make john boehner look too bad in the house and there are a lot of conservatives in the house that don't want to do any type of deal that would raise taxes on anybody even though they'll go up on the entire country the first tax hike in 20 years after monday night. >> and one would also assume that mitch mcconnell would have to back a grant, he could face a primary fight if this thing -- >> you touched on one of the great sub plots of these entire negotiations is personal things that boehner and mcconnell have in these negotiations. obviously, mcconnell doesn't want to have someone on the right come after him because he was in favor of a tax hike and john boehner's re-election as speaker of the house. and that would come across as a vote of no confidence. very embarrassing and they don't expect it happening and there's a lot at stake for mitch mcconnell and john boehner personally. great point you brought up. >> if t
mitch mcconnell is a tough place and this is the underreported part of the story. he has to figure out a deal that gets through the senate and doesn't make john boehner look too bad in the house and there are a lot of conservatives in the house that don't want to do any type of deal that would raise taxes on anybody even though they'll go up on the entire country the first tax hike in 20 years after monday night. >> and one would also assume that mitch mcconnell would have to back a...